Cuomo Says McConnell's Idea to Let States Go Bankrupt Is 'Really Dumb'

The transcript discusses the exclusion of state and local government funding in a Senate bill, criticizing the suggestion that states should declare bankruptcy. It highlights the importance of funding essential services like police, fire, and education, and warns of the economic consequences if states were to declare bankruptcy.

What was the speaker's opinion on the suggestion that states should declare bankruptcy?

• It was a temporary solution.

• It was a brilliant idea.

• It was one of the dumbest ideas.

• It was a necessary step.

Why does the speaker believe funding state and local governments is crucial?

• They support small businesses.

• They fund essential services like police and fire departments.

• They control federal budgets.

• They manage international trade.

What services are directly impacted by the lack of state funding, according to the speaker?

• Police, fire, and education

• Agriculture and farming

• Technology and innovation

• Airlines and tourism

What does the speaker predict will happen if states like New York and California declare bankruptcy?

• The states will recover quickly.

• The federal government will intervene.

• The stock market will stabilize.

• The national economy will collapse.

According to the speaker, what is the role of governors in the current situation?

• They are responsible for reopening the nation.

• They manage international relations.

• They control the federal budget.

• They oversee national defense.